Updated September 28, 2026 · SumCue Editorial Team
Kogan.com vs Ocean Finance Card
Kogan.com
Higher score in this comparison
Ocean Finance Card
Kogan.com vs Ocean Finance Card: the differences
| Compare | Kogan.comReviewSee alternativesSee alternatives | Ocean Finance CardReviewSee alternativesSee alternatives |
|---|---|---|
| Annual fee | A$0 | £0 |
| APR | 21.99%Lower | 39.9% |
| Rewards type | Points | None |
| Balance transfer intro period | 18 monthsHigher | 6 months |
| Balance transfer fee | 2%Lower | 2.9% |
| Credit needed | Good | Poor |
| Perks | Complimentary Kogan First membership, 4 free additional cardholders, 6.99% p.a. for up to 24 months on Kogan.com purchases of $50 or more paid by instalments, Apple Pay and Google Pay compatible, Zero Liability and FRAUDSHIELD fraud protection | Credit limit of GBP 200 to GBP 8,000, Section 75 protection on purchases between GBP 100 and GBP 30,000, Mobile app to make payments and check balance, Free email and text alerts, Card usable online before the physical card arrives, Eligibility check does not affect credit score, No Apple Pay |
| Currency conversion fee | 3.4% | Not confirmed |
| Rewards rate | 2 Kogan points per $1 on Kogan.com purchases, 1 point per $1 elsewhere; 1,000 points = $10 | Not confirmed |
Same on both: Card kind (Credit).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Founded is lower at Ocean Finance Card: 1991 vs 2006.
- Kogan.com is available in 2 more countries.
- APR is lower at Kogan.com: 21.99% vs 39.9%.
- Balance transfer fee is lower at Kogan.com: 2% vs 2.9%.
- Balance transfer intro period is higher at Kogan.com: 18 months vs 6 months.
- Perks: only Kogan.com offers Complimentary Kogan First membership, 4 free additional cardholders, 6.99% p.a. for up to 24 months on Kogan.com purchases of $50 or more paid by instalments.
- Perks: only Ocean Finance Card offers Credit limit of GBP 200 to GBP 8,000, Section 75 protection on purchases between GBP 100 and GBP 30,000, Mobile app to make payments and check balance.
Our verdict on each
Kogan.com
Kogan.com suits Australian households who want personal insurance and a rewards card handled in one place, and holding the card costs nothing. The catch is the interest rate: the Kogan Money card charges an APR of 21.99%, against a site median of 15.5% across cards.
Ocean Finance Card
The Ocean Finance Card suits borrowers with a poor credit history who plan to clear a balance: a transfer fee of 2.9% on what you move, and an annual fee of £0. Anyone wanting a rewards card should look elsewhere, since this one is priced for short borrowing.
Score breakdown
| Area | Kogan.com | Ocean Finance Card |
|---|---|---|
| Cost | Not confirmed | 9.1Annual fee £0, but interest at 39.9% is what holders really pay. |
| Offer | 9.6Higher | 9.2The rewards type is none, so the offer rests on practical extras. |
| Trust | 8.8 | 9.1Higher |
How they place
| Ranking | Kogan.com | Ocean Finance Card |
|---|---|---|
| Credit and debit cards | 410 of 1594 | 426 of 1594 |
| Balance transfer cards | 14 of 32 | 15 of 32 |
Moving a 3,000 balance
Kogan.com
60
2% of 3,000
Ocean Finance Card
87
2.9% of 3,000
Kogan.com comes out 27 lower in this example.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
Licences and countries
| Country | Kogan.com | Ocean Finance Card |
|---|---|---|
| United Kingdom | Not confirmed | Financial Conduct Authority 310069 |
Additional countries for Kogan.com: 3. Additional countries for Ocean Finance Card: 1.
Choosing between them
Pick Kogan.com if offer, apr, balance transfer intro period, and balance transfer fee matter most.
Pick Ocean Finance Card if trust matter most.
Sources behind this comparison
Kogan.com
- finder.com.au: 12 facts, checked September 26, 2026
- en.wikipedia.org: 2 facts, checked September 26, 2026
- abr.business.gov.au: 1 fact, checked September 26, 2026
Ocean Finance Card
- oceanfinance.co.uk: 13 facts, checked September 26, 2026
Every fact side by side
| Fact | Kogan.com | Ocean Finance Card |
|---|---|---|
| Pricing model | No annual fee | No annual fee |
| Features | Rewards | Not confirmed |
| Legal entity | Kogan.com Ltd | Intelligent Lending Limited |
| Headquarters | Australia | United Kingdom |
| Founded | 2006 | 1991Lower |
| Support channels | Not confirmed | Chat, Phone, Email, Help centre |
Where each stands against the rest
| Fact | Kogan.com | Ocean Finance Card | Median |
|---|---|---|---|
| APR | 21.99%highest quarter | 39.9%highest quarter | 11.635% |
| Currency conversion fee | 3.4%highest quarter | Not confirmed | 1% |
| Balance transfer intro period | 18 monthsabove the median | 6 monthslowest quarter | 12 months |
| Balance transfer fee | 2%below the median | 2.9%below the median | 3% |
Median across 486 listed providers.
Pros and cons
Kogan.com
Pros
- The annual fee on the card is AUD 0 and the model is no annual fee.
- Cover spans auto, home and landlord, with Kogan.com acting as broker.
- Complimentary Kogan First membership, 4 free additional cardholders and 6.99% p.a. for up to 24 months on Kogan.com purchases of $50 or more paid by instalments adds complimentary Kogan First membership, free additional cardholders and a promotional instalment rate on Kogan.com purchases.
Cons
- The APR of 21.99% sits well above the site median of 15.5% across cards.
- Balance transfers cost 2% each, and the promotional window runs 18.
- Currency conversion on overseas spend is 3.4%, at the high end of the card range.
Ocean Finance Card
Pros
- Balance transfers cost 2.9% over 6, so old card debt has a route out.
- The perk list Credit limit of GBP 200 to GBP 8,000, Section 75 protection on purchases between GBP 100 and GBP 30,000 and Mobile app to make payments and check balance adds an app, free alerts and purchase protection.
- Support runs on chat, phone and email, so help comes through several channels.
Cons
- The APR is 39.9%, so carrying a balance month to month is expensive.
- The rewards type is none, so everyday spending earns nothing back.
- Apple Pay is not among its perks (Credit limit of GBP 200 to GBP 8,000, Section 75 protection on purchases between GBP 100 and GBP 30,000 and Mobile app to make payments and check balance).
Who each suits
Kogan.com
Who it suits
- Anyone who wants auto, home and landlord arranged through one place rather than separate providers.
- People already shopping Kogan, since the points are weighted towards Kogan.com purchases.
- Card holders who clear the balance each month, as the annual fee is AUD 0 but the rate is 21.99%.
Who should look elsewhere
- Linxea, if you want life cover arranged on its own rather than through a broker.
- Oney Préstamos ES, if health, life and gadget cover, per health, life and gadget, matter more to you than auto and home.
- Euroasia Insurance, if you need only auto, home, travel and gadget policies, per auto, home and travel.
Ocean Finance Card
Who it suits
- Borrowers with a poor credit history, since the annual fee is £0.
- Anyone clearing a balance on another card, where the transfer fee is 2.9%.
- Card users who want purchase protection on larger buys, listed under Credit limit of GBP 200 to GBP 8,000, Section 75 protection on purchases between GBP 100 and GBP 30,000 and Mobile app to make payments and check balance.
Who should look elsewhere
- Starling Personal Account Debit Card, at an APR of 15%, for current account borrowing.
- Varo Believe Secured Credit Card, with $0 annual fee, for a secured route.
Current offers
Ocean Finance Card
Current offer
First period offer
0% for 6 months on balance transfers and purchases on the Ocean Credit Card: 0% for 6 months, 2.9% balance transfer fee
Representative 39.9% APR (variable) after the offer, purchase rate 39.94% APR (variable), credit subject to status
Source, checked September 26, 2026
Country by country
| Country | Kogan.com | Ocean Finance Card |
|---|---|---|
| Australia | Yes | No |
| New Zealand | Yes | No |
| United Kingdom | No | Yes |
| United States | Yes | No |
Questions about each
Kogan.com
Does the Kogan Money card have an annual fee?+
Nothing to pay for the card itself. The annual fee is AUD 0 and no annual fee is the model, so there is no yearly charge for holding it. What you do pay for is interest on a carried balance, plus any fee attached to a balance transfer.
What interest rate do I pay on the Kogan Money card?+
The APR is 21.99%, which sits above the site median of 15.5% across cards. That rate applies to anything carried from statement to statement, so the card only pays off if you clear the balance each month. The balance transfer offer runs for 18 at a fee of 2%.
Ocean Finance Card
Is there an annual fee on the Ocean Finance Card?+
The annual fee is £0, so holding the card year on year costs nothing beyond interest. That suits anyone clearing a balance slowly, since the only bill is what is owed. The rate to watch is the APR on balances you do not clear, at 39.9%.
What is the APR on the Ocean Finance Card?+
The APR is 39.9%, a high rate for borrowing month to month. Interest is the real cost here, because the annual fee is £0 and nothing is charged for holding it. The cheaper route is moving a balance from another lender, where the fee is 2.9%.
Other options to compare
Other matchups
Kogan.com
Ocean Finance Card